European Markets Fall After Fed and BoE Rate Decisions
European stock markets ended the day in negative territory following interest rate decisions by major central banks, including the U.S. Federal Reserve (Fed) and the Bank of England (BoE).
SpaceX’s massive Starship spacecraft dramatically exploded late Wednesday night during testing at the company’s test site in Brownsville, Texas. The incident marks the latest setback for billionaire Elon Musk’s ambitious plan to send humans to Mars.
According to SpaceX, the explosion occurred around 11 p.m. local time while Starship was on a test stand preparing for its tenth test flight. The company described the event as a “major anomaly,” confirmed that all personnel were safe, and said it is coordinating with relevant authorities regarding environmental and safety concerns.
Elon Musk stated in a post that preliminary investigations suggest a pressure issue in a nitrogen Composite Overwrapped Pressure Vessel (COPV) in the payload bay. He added that if confirmed, this would be the first time such a failure has occurred with this design.
Videos show the Starship rocket experiencing at least two explosions in quick succession, lighting up the night sky and scattering debris over the area.
Standing 122 meters (400 feet) tall, Starship is central to Musk’s goal of sending humans to Mars, but this year the spacecraft has faced multiple serious setbacks during tests.
In May, Starship lost control mid-flight and failed to meet many of its test objectives. This followed earlier destructive explosions over Caribbean islands that disrupted air traffic.
In February, the rocket exploded shortly after launch, scattering fiery debris over South Florida and the Bahamas. The U.S. Federal Aviation Administration (FAA) investigated the incident, attributing it to a technical failure and confirming that SpaceX implemented corrective actions before the May flight.
In January, another breakup occurred in space, causing debris to fall over the Caribbean and damaging property in the Turks and Caicos Islands.
These repeated failures present significant challenges to SpaceX’s Mars mission ambitions. The company is currently investigating the latest incident thoroughly and working to enhance safety measures for future tests.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has strongly rejected allegations that the IAEA Board of Governors’ June 12 report provided Israel with justification to attack Iran. Grossi emphasized that the agency’s role and reports can never be used to legitimize
Denmark announced it will continue backing Ukraine’s bid for European Union membership despite Hungary’s ongoing blockade, as it prepares to assume the presidency of the European Council on July 1.
Ukrainian President Volodymyr Zelenskiy has underscored the urgent need to ramp up international pressure on Russia following Moscow’s defense of the Iranian regime.
President Donald Trump has said he will make a decision in the coming two weeks on whether the United States will strike Iran, citing a possibility of upcoming negotiations.
Iran's foreign minister is expected in Istanbul on Saturday for a key Organisation of Islamic Cooperation (OIC) council meeting as regional tensions rise over Israel's strikes on Iranian nuclear sites.
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